A hydraulic power system includes a reversible pump, a variable-speed servomotor for driving the pump, a pressure sensor for detecting load pressure, a detector for detecting the motor speed, signal command units for generating preprogrammed pressure and flow rate commands, a rotational speed controller and a signal processor. The signal processor preferentially outputs a speed command corresponding to the flow rate command by a limiter operation when the difference signal between the pressure command and the pressure detection signal is higher than a predetermined level, whereas it preferentially outputs a speed command corresponding to the difference signal when the difference signal is equal to or lower than said level. The rotational speed controller controls the magnitude of a driving current supplied to the servomotor by a closed loop on the basis of the speed command and the detected signal so that the speed of the servomotor corresponds to the speed command.